Fma Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Fma Wealth Management reports 144 clients. They include 92 individual clients and 52 high-net-worth individuals. Of its assets, 100.0% ($174M across 435 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 64% | 23% |
| High-net-worth individuals | 36% | 75% |
| Corporations and other businesses | Fewer than 5 | 2% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 92 | $39.3M | 22.6% | $428K |
| High-net-worth individuals | 52 | $131M | 75.3% | $2.52M |
| Corporations and other businesses | Fewer than 5 | $3.68M | 2.1% | — |
| Total | 144 | $174M | 100% | — |
- Clients
- 92
- Regulatory AUM
- $39.3M
- AUM share
- 22.6%
- Avg. per client
- $428K
- Clients
- 52
- Regulatory AUM
- $131M
- AUM share
- 75.3%
- Avg. per client
- $2.52M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.68M
- AUM share
- 2.1%
- Avg. per client
- —
Total
- Clients
- 144
- Regulatory AUM
- $174M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Fma Wealth Management charges 0.40%–1.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is billed at $250 per hour or as a fixed fee engagement of up to $5,000, negotiable based on scope and complexity; up to 50% of the fee may be invoiced on execution.
James Morris owns 75% or more of Fma Wealth Management. The leadership team of Fma Wealth Management includes Chief Compliance Officer James Morris. It has 2 employees, 1 of them in advisory roles.
Leadership
- James MorrisManaging Member and Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Fma Wealth Management, LLC
James Morris
Control person · since February 2021
Fma Wealth Management’s regulatory assets grew from $134M (June 2021) to $174M (February 2026); clients were 144 in both filings and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $174M | 144 | 2 | 1 |
| January 2025 | $157M | 139 | 2 | 1 |
| February 2024 | $142M | 145 | 2 | 1 |
| July 2023 | $130M | 148 | 2 | 1 |
| March 2022 | $157M | 144 | 2 | 1 |
| June 2021 | $134M | 145 | 2 | 1 |
Besides its headquarters, Fma Wealth Management has 0 offices, with 1 listed address in Massachusetts.
Massachusetts · 1 listed address
- 33 Railroad Avenue, Suite 2, DuxburyHQ
Contact and registration details
- Legal name
- Fma Wealth Management, LLC
- Headquarters
- 33 Railroad Avenue, Suite 2, Duxbury, MA 02332
- Website
- Not reported
- Phone
- 781-934-7880
- SEC file
- 801-120645
- Structure
- Massachusetts LLC
- Fiscal year end
- December
Fma Wealth Management uses Charles Schwab ($168M) as custodian for its separately managed accounts. Fma Wealth Management has custody of $82.1M in client assets for 39 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $168M100%
At year end, Fma Wealth Management’s separately managed accounts were mostly in stocks (90%). Its reported 13F holdings for the quarter ended 30 June 2026 total $156M across 42 positions; the largest are Vanguard Tax-managed Fds (11.6%), J P Morgan Exchange Traded F (9.3%) and J P Morgan Exchange Traded F (8.0%).
What the accounts hold
- Stocks90%
- Funds7%
- Bonds1%
- Cash2%
Reported 13F holdings
- $156M
- Reported 13F value
- 42
- Positions
- 69.0%
- In the 10 largest
- +3.9%
- Value vs. prior quarter
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt11.6%
- J P Morgan Exchange Traded F · Core Plus BD ETF9.3%
- J P Morgan Exchange Traded F · Income ETF8.0%
- J P Morgan Exchange Traded F · Jpmorgam Ltd Dur7.8%
- iShares TR · Rus 1000 Grw ETF7.5%
- iShares TR · Rus 1000 Val ETF7.4%
- Litman Gregory Fds TR · Imgp Dbi Man ETF4.7%
- Fidelity Covington Trust · Enhanced Intl4.6%
- iShares TR · US Sml Cap EQT4.2%
- John Hancock Exchange Traded · Multifactor MI3.9%
Together, the ten largest are 69.0% of reported value.
How many clients does Fma Wealth Management have?
Fma Wealth Management has 144 clients and manages $174 million for them, as of February 2026. They include 92 individual clients and 52 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does Fma Wealth Management offer?
Fma Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Fma Wealth Management charge?
Fma Wealth Management charges 0.40%–1.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable.
Which custodians does Fma Wealth Management use?
Fma Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $168M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does Fma Wealth Management have?
Fma Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Fma Wealth Management invest in?
At the end of its last fiscal year, Fma Wealth Management’s separately managed accounts held 90% exchange-traded equities, 7% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fma Wealth Management?
Fma Wealth Management’s direct owner is James Morris (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does Fma Wealth Management get paid?
Fma Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Fma Wealth Management?
Fma Wealth Management’s main office is at 33 Railroad Avenue, Suite 2, Duxbury, MA 02332. Its phone number is 781-934-7880.